Zcash ETF 

ZCSH Price

What is the Zcash ETF (ZCSH)?

The Zcash ETF (ZCSH) is a US-listed spot exchange-traded fund that holds ZEC, the native asset of the Zcash privacy blockchain. Grayscale Investments sponsors the fund, which began trading on NYSE Arca on August 25, 2026 as the first US ETF dedicated to Zcash. ZCSH gives regulated-market investors ZEC price exposure without direct token custody. ZCSH is a fund share; it has no on-chain contract, and its figures must not be conflated with ZEC's.

Is there a Zcash ETF in the United States?

Yes. The Zcash ETF (ZCSH) listed on NYSE Arca on August 25, 2026, making it the first spot ZEC ETP in the US market. The fund is a conversion of Grayscale Zcash Trust, a Delaware statutory trust formed on October 23, 2017. On August 21, 2026, the sponsor announced the rename to "The Zcash ETF" alongside the uplisting, per an SEC 8-K filing.

What is the Zcash ETF ticker and where does ZCSH trade?

The Zcash ETF trades under the ticker ZCSH on NYSE Arca, the primary and only listing venue for the fund share. A 3-for-1 share split took effect before the US market open on September 30, 2026, lowering the per-share price without changing proportional ownership. The split did not change the ticker or the listing venue.

Does the Zcash ETF hold actual ZEC?

Yes. ZCSH shares represent a fractional undivided beneficial interest in ZEC held by the fund's trust structure. Coinbase Custody serves as custodian of the ZEC holdings. BNY acts as administrator, and the fund tracks the CoinDesk Zcash Benchmark Rate as its pricing benchmark. The underlying ZEC has a capped supply of 21 million coins.

How do I buy the Zcash ETF?

ZCSH is bought and sold through a standard brokerage account with access to NYSE Arca, like any US-listed ETF. The fund share is not listed as a spot pair on cryptocurrency exchanges. Investors seeking ZCSH exposure through crypto venues can only access derivative products that reference the ticker.

Can the ZCSH ETF be traded on crypto exchanges?

Not as spot. Per DropsTab data, the ZCSH ticker has no spot or DEX crypto markets - its crypto-venue coverage consists of perpetual futures on Binance Futures (ZCSHUSDT), Bitunix Futures (ZCSH_USDT), and Gate.io Futures (ZCSH_USDT), all USDT-quoted. These perps are a separate derivative layer on the ticker. Crypto-side price discovery for ZCSH therefore comes from a small set of perpetual venues, while liquidity for the fund share itself is set by NYSE Arca.

What is the Zcash ETF expense ratio?

The sponsor charges a 2.50% annual management fee. That fee is high relative to most US crypto ETPs and acts as a persistent drag on returns versus lower-cost crypto ETF alternatives. The fee accrues against the fund's ZEC holdings and is priced into the share over time.

Is ZCSH a cryptocurrency or a fund share?

ZCSH is a fund share, not a cryptocurrency. The share is a security issued by a Delaware statutory trust, and no blockchain contract or token supply exists for it. ZCSH had no ICO or token generation event. Its TradFi structure means coin metrics such as circulating supply, vesting schedules, or staking rewards do not apply - those metrics belong to the underlying ZEC.

What is the ZCSH High Income ETF and how does it differ from ZCSH?

The ZCSH High Income ETF is a separate proposed product from Grayscale, filed with the SEC on September 25, 2026. The proposed fund plans bi-weekly distributions generated from covered-call options income on Zcash exposure, rather than holding ZEC directly like the spot ZCSH fund. The two products share a ticker prefix but differ in structure and objective.